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Worldwide and U.S. HR Management Services 2004-2008 ForecastProduct Type: Market Research ReportPublished by: IDC Published: March 2004 Product Code: R104-14898 Description This IDC study presents a five-year forecast for the worldwide and U.S. markets
for human resource (HR) management services. The purposes of this study are to
identify and quantify the market opportunity worldwide and within the United
States for HR service providers and present recommended strategies for
organizations to take advantage of these opportunities. The document answers
the following questions:
y What are IDC's predictions for the market forces affecting the HR management
services market, and what impact will they have on the market forecast?
y Which assumptions are of sufficient importance that a change in the
assumption would result in a change in the market forecasts?
y What impact will developments in this market have on the players in the
market?
y How might the developments predicted affect the revenue of the players?
y What are the not-to-be-missed opportunities in HR management services?
In addition, this document presents key drivers and inhibitors that influence
the timing and magnitude of these market opportunities. The study concludes
with guidance for service providers to aid them in their efforts toward
establishing or expanding their service offerings and competitive strategies
and thus capitalize on the opportunities appropriate to them.
"As 2003 wound down, evidence was mounting that a recovery in the global
economy was under way," said Marc Pramuk, program manager for HR Management and
Staffing Services research at IDC. "At the same time, 2003 was a year dominated
more by competitive acquisitions than by significant new client wins. IDC
expects the global recovery to quicken and broaden in 2004. This recovery,
combined with the dramatic realignment of the competitive landscape in HR
services and new offerings in performance management and HR analytics, will
help to unleash a redefinition of what HR is and does within organizations."Table of Contents Table of Contents IDC Opinion In This Study Methodology Situation Overview HR Services Market Overview Figure: Major Process Elements Within the HR Value Chain What Happened in HR Services in 2003? Economic Trends Customer Trends Competitive Trends Table: Major Vendor Events in HR Services in 2003 and Early 2004 Future Outlook Table: IDC Macroeconomic and Macrolevel Services Assumptions Summary Forecast and Assumptions Worldwide HR Services Table: Worldwide HR Management Services Spending by Geographic Region, 2002-2008 ($M) Table: Key Forecast Assumptions for the Worldwide HR Management Services Market, 2004-2008 U.S. HR Services Table: U.S. HR Management Services Spending by Segment, 2002-2008 ($M) Table: Key Forecast Assumptions for the U.S. HR Management Services Market, 2004-2008 Essential Guidance Actions to Consider Learn More Related Research Definitions HR Consulting Services HR Outsourcing Services Methodology Supply-Side Data Demand-Side Data Market-Sizing Methodology Synopsis |
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